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Updated about 6 years ago, 10/10/2018
40 duplexes & 6 apartment buildings in Cleveland, should I sell?
I have over 120 units. I'm noticing the high demand from out of state buyers especially from Cali. I see they are paying top dollar.
I'm producing 30-50% returns considering I payed much less. Of course the returns won't be that high to my buyer. I know the buy low sell high saying but I love the cash flow.
So should I keep them for the cash flow or sell and get top dollar and pay taxs on it? A 1031 would be hard due to prices higher. This has been something I've been on and off with for awhile. Just some other investors opinions. Ty